Olympic Community of Health

Analysis

Olympic Community of Health is a registered charity in United States, based in Port Hadlock, WA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Olympic Community of Health reported income of $2.7m and spending of $3.4m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.7m to $2.7m (-60%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Olympic Community of Health sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Mt Sinai Health Care Foundation ($2.7m), Woar Philadelphia Center Against Sexual Violence ($2.7m) and Shippensburg Area Emergency Medical Services Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $155k (4.6% of expenses). Other salaries and wages came to $416k. At year end it held assets of $7.1m against liabilities of $192k, net assets of $6.9m. It reported 11 employees.